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Dredging: Important Developments Will Impact Business

(Photo: Georgia Ports Authority) For dredging company officials, the first quarter of 2021 was a pretty good start to a new year. In a tough business, challenges and pitfalls are always expected. But from a bigger picture perspective markets, regulations and policies company officials couldn’t be faulted if a bit of optimism infused their worldview. There are a number of reasons for this. Many are well known and don’t need to be detailed here. Just quickly, though, WRDA 2020 would be at the top of the list. WRDA, passed last December, provides new funding and policies that will expand dredging opportunities.

San francisco bayUnited statesNew yorkSan franciscoLasse pettersonEleni beykoBrenda goedenRichard balzanoBill hansonSan francisco estuary instituteSediment programDevelopment commissionMarine contracting coArmy corpsCongressional research serviceSan francisco bay development commission

Impact Of Dredging On Maritime Law

Impact of Dredging on Maritime Law Maritime Activity Reports, Inc. © Bill Chizek / Adobe Stock In 1875, the General Moultrie was the first suction dredge built in the United States and was used in the Charleston River until it sank within a year. During the same era, the city of Houston and other port towns formed companies like the Buffalo Bayou Ship Channel Company to build special-purpose vessels to clear and connect waterways for commercial vessel traffic. Toward the end of the 19th century, the cutter suction dredge made its appearance and effectively dug and maintained water channels. The Foreign Dredge Act of 1906 prohibited foreign-built or chartered vessels from dredging in U.S. waters.

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Great Lakes Reports First Quarter Results

04.05.2021 - First quarter net income of $8.8 million First quarter adjusted EBITDA of $26.8 million First quarter awards of $90.3 million resulting in 42% bid market share HOUSTON, May 04, 2021 (GLOBE NEWSWIRE) - Great Lakes Dredge & Dock Corporation .

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Maritime Groups Pleased With WRDA 2020

Maritime Groups Pleased with WRDA 2020 Maritime Activity Reports, Inc. © Michael / Adobe Stock It was an odd legislative journey, but ultimately one with a happy ending. That’s one way to sum up the rather tortuous process that led to the passage of the Water Resources Development Act of 2020 (WRDA). For the first time WRDA (usually reauthorized every two years) was not enacted as its own legislative bill. This time it was rolled into the massive government 2021 omnibus budget bill, the ‘‘Consolidated Appropriations Act, 2021,’’ signed into law on December 27. Still, the WRDA text itself, with critical waterways and harbor programs and policies, survived mostly intact, i.e., as developed in previous months by House and Senate transportation committees.

United statesJamese walkerChristopherj connorTracy zeaBill hansonTom smithI harbor maintenance trust fundGreat lakes dredge dock companyWaterways council incArmy corps of engineersAmerican society of civil engineersWater resources developmentWater developmentHarbor maintenance trust fundAmerican association of port authoritiesWaterways trust fund

Washington Watch: Winds Of Change In DC

© DJ / Adobe Stock For operators venturing into the offshore wind space, 2021 started off with a gust of changes and reports. From Jones Act clarifications and new enforcement authorities, to millions in port infrastructure funding, the new Congress and presidential administration will have plenty of tools available to shape the future of the industry’s development. NDAA brings Jones Act changes One of the most persistent questions that has hung over the development of the U.S. offshore wind industry has been whether the Jones Act will apply during both the construction and operational phases. The Jones Act, of course, requires the use of U.S.-flag coastwise-qualified vessels when transporting merchandise between two U.S. points. The Jones Act’s reach is extended offshore through the Outer Continental Shelf Lands Act (OCSLA), which was originally enacted by Congress to govern the exploration, development, and production of “minerals” on the U.S. Outer Continental Shelf (O

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